Hurco Q3 EPS $(1.47) vs $0.04 YoY; Sales And Service Fees $42,651,000, Down 20% YoY
Portfolio Pulse from Benzinga Newsdesk
Hurco reported a significant decline in its Q3 earnings, with an EPS of $(1.47) compared to $0.04 in the previous year. Sales and service fees also decreased by 20% year-over-year to $42,651,000.
September 06, 2024 | 12:08 pm
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Hurco's Q3 earnings report reveals a drastic drop in EPS to $(1.47) from $0.04 YoY, alongside a 20% decrease in sales and service fees. This indicates potential financial challenges for the company.
The significant drop in EPS from $0.04 to $(1.47) and a 20% decline in sales suggest financial difficulties, likely leading to a negative short-term impact on Hurco's stock price.
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